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20121205
20121205
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. and for those who are unfamiliar with the term "stem" it stands for science, technology, engineering, and math. the hard sciences that we have too few in terms of graduates from our colleges and universities. this bill passed in the house of representatives with 245 votes, and was originally sponsored by my friend and colleague, lamar smith of texas, and is very similar to a piece of legislation i myself have introduced earlier this year. the goal of this legislation is one that i think is -- enjoys broad bipartisan support, and that is to help the united states retain more of the highly skilled immigrants who come to study at our colleges and universities. in particular, this bill would make eligible for a green card those who graduate in the stem fields who get a master's degree or a ph.d. and so we would not add to the net number of green cards that would be eligible, there is 55,000 diversity lottery visa green cards that would be substituted for by these stem green cards. now, we all know that america's immigration system is broken, and, unfortunately, it's a self-inflicted wound in many
in the global race by switching from current spending to capital investment in science, roads and education. we offer new support for business and enterprise so they can create the jobs we need. and in everything we do we will show today we are on the side of those who want to work hard and get on. mr. speaker, the office for budget responsibility has today produced its latest economic forecast, and it is a measure of the constitutional achievement that it has taken for granted that our country's forecast is now produced independently of the treasury, free from the political interference of the past. i want to thank robert choate, his fellow members of the budget respondent committee and all their staff for their rigorous approach. one of the advantages of the creation of the abr is that not only do we get independent forecasts, we also get an independent explanation of why the forecasts are as they are. if, for example, lower rates was the result of of the government's fiscal policy, they would say so, but they do not. they say the economy has performed less strongly than expected -- >> [laugh
equipment, in r&d, in science education and infrastructure and so forth. the question many people, sir, don't want to consider is where do we get those resources with those enormous debts? i asked our research department if they would make a reasonable prediction of how important interest costs would be if we did nothing, and their estimate without any explosion in interest rates was as follows: within 25 years or so, our interest costs would jump from about 1% of the gdp to 12% of the gdp or roughly four times the total investment made in r&d, science education and infrastructure. and if we ever permit that to happen, we will have assured that we're going to have what i call a slow growth crisis. and that's at least my way of formulating what happens if we don't do anything. but, mike, please, take over. this is your meeting, not mine. >> well, one of the things i don't claim to be here is an economics expert, although it's from a national security standpoint, and i've felt this way for years, that it's not just about the health of our economy, it's around the world, it's the health of eco
times the total investment made of r&d, science and education. if we permit that to happen we are assured a slow-growth crisis that is what will happen if we don't do anything. mike, please takeover. >> i don't claim to be an economics expert. but from the national security standpoint i have felt for years not just the health of our economy around the world but those that generate positive outcome and from the defense standpoint as pointed out if said that continues to grow it will continue to eat at us and when you put in good time bomb of the sequestration it was supposed to be so heinous that congress would never permit it to happen but yet we're on the verge andover what we have been fighting over the last decade at a time when there is clearly increasing pressure on the defense budget and i have said it should pay its fair share. with the media impact to get to a part of your question and i worry about the acceleration to create a hollow force very rapidly. and the president does what he says he will he takes it off the books of any cuts with the totality focused on a ver
the 60th anniversary of the graduate research fellowship program of the senate science foundation. the presiding officer: is there objection to proceeding to the measure? without objection. mr. cardin: i further ask that the resolution be agreed to, the preamble be agreed to, the motion to reconsider be laid on the table with no intervening action or debate and any statements related to the matter be printed at the appropriate place in the record as if read. the presiding officer: without objection. mr. cardin: mr. president, i ask unanimous consent that when the senate completes its business today it adjourn until 9:30 a.m. on thursday, december 6, 2012, that following the prayer and pledge, the journal be approved to date, the morning business be deemed expired and the time for the leaders be reserved for the use later in the day. that following the leaders' remarks the senate be in a period of morning business until 11:45 a.m. with senators permitted to speak therein for up to ten minutes each with the previous order regarding retirement speeches remaining in effect and followi
Search Results 0 to 4 of about 5